Repayment method

⑴ Before students graduate, repay the loan in one lump sum or in installments;

⑵ After students graduate, they can use their available funds to repay the loan;

⑶ After the internship period of graduates expires, their units will deduct monthly repayments from their wages within two to five years; Based on work performance, it is decided to exempt or exempt the advanced loan;

⑸ For students who have taken out loans and are expelled from school, ordered to drop out of school, or students voluntarily drop out of school due to violation of national laws and school disciplines, the parents of the students shall be responsible Repay the entire loan.

Extended information:

Loan conditions

1. Applicants must be over 18 years old, have full capacity for civil conduct, have a fixed residence in China, and have a valid identity certificate A natural person of Chinese nationality.

2. Have a legitimate occupation and stable economic income (except for students applying for education student loans), and be able to guarantee the repayment of the principal and interest of the loan on schedule.

3. Open a savings account in the lending bank and deposit a down payment of no less than the prescribed proportion of total consumption and expected mortgage registration fees, notary fees, insurance premiums and other expenses.

4. It can provide effective guarantee measures recognized by banks for personal consumption loans.

5. The loan purpose complies with the specified scope.

Loan limit

1. If you apply for a loan in the form of pledge, or if a bank or insurance company provides a joint liability guarantee, the down payment shall not be less than 20% of the total value of the consumer goods. The amount shall not exceed 80% of the total value of consumer goods.

2. When applying for a loan with real estate mortgage of the borrower or a third party, the down payment shall not be less than 30% of the total value of the consumer goods, and the loan amount shall not exceed 70% of the total value of the consumer goods.

3. If you apply for a loan with a third-party guarantee (except banks and insurance companies), the down payment amount shall not be less than 40% of the total value of the consumer goods, and the loan amount shall not exceed 60% of the total value of the consumer goods.

Information that the borrower should provide

1. Agricultural Bank of China Personal Consumption Loan Application Form filled out truthfully by the borrower.

2. Valid certificate provided by your school.

3. The property owner’s personal income certificate.

4. If the guarantee is provided in the form of mortgage, pledge or third-party guarantee (except insurance companies), the mortgage, a list of pledged objects, and proof of the consent of the person with the right to dispose of the mortgage or pledge, and the ownership of the mortgaged property shall be submitted. Or use rights certificates, valuation, insurance documents, pledge rights certificates, documents agreeing to guarantee by the guarantor.

5. If the repayment guarantee is provided in the form of insurance from an insurance company, a written commitment from the insurance company that agrees to provide installment repayment of consumer loan insurance should be submitted.

6. Deposit certificates such as not less than the prescribed proportion of the total tuition and miscellaneous fees, notary fees, relevant insurance premiums, etc. have been deposited in the loan bank.

7. The authorization letter for transfer from the lending bank shall stipulate that after the loan contract signed between the lending bank and the borrower takes effect, the lending bank may transfer funds directly from the borrower's deposit account to the designated payee. .

Baidu Encyclopedia-Student Loans